Road Map Adopted for Development of Tourism Industry
President Ilham Aliyev approved the road map for the development of the tourism industry, the implementation of which will open 25,000 new jobs by 2020.
The document reflects the 16 priority areas of tourism development in Baku and regions of the country. The coordination tasks will be promoted by the National Tourism Bureau, which will be created in 2017.
If the government can achieve its objectives, real GDP growth from tourism will amount to 465 million manat in 2020.
The government expects growth in the number of foreign tourists mainly from Iran, the Persian Gulf countries, Russia, etc. By 2020, the number of overnight stays in hotels of Baku will increase from 0.8 million (2015) to 3.65 million / day, and average length of stay in hotels - from 2 to 3 days. In general, as a result of the planned measures the number of foreign tourists in Baku is up to 900 thousand people (in 2015 - 0.5 million).
The level of filling of health facilities in Naftalan in 2020 will amount to 60%, an increase of 15% by paragraph. For this transport communication will be developed between Baku and Naftalan, including railway connection. -----08D.
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review